Accounting terms are important for learners. Here are some frequently used accounting terms and jargon to help boost clients who deal with financial accounting and other related materials. Let me know if you have any suggestions or corrections. Cheers!
|Account Payable||Account Receivable||American Depository Receipts (ADRs)||Amortization|
|Annual Report||Annuity||Financial Statements||Audit Risk|
|Auditors’Report||Balance Sheet||Income Sheet||Cash Flow|
|Bankruptcy||Board of Directors||Capitalized Cost/Interest||Certificate of Deposit (CD)|
|Certified Financial Planner (CFP)||Certified Public Accountant (CPA)||Collateral||Common Stock|
|Distribution||Due Diligence||Earned Income||Earnings Per Share (EPS)|
|Employee Benefit Plan||Estate Tax||Estimated Tax||Exclusions|
|Fair Market Value||Fiscal Year||Franchise||Fraud|
|Goodwill||Initial Public Offering (IPO)||Installment Method||Intangible Asset|
|Internal Audit||Internal Revenue Service (IRS)||Inventory||Investment|
|Joint Venture||Junk Bonds||Leveraged Buy Out||Lease|
|Limited Liability Partnership/Company (LLP/LLC)||Liquidation||Margin||Merger|
|Proxy||Real Estate Investment Trust (REIT)||Reconciliation||Research and Development (R&D)|
|Reserves||Restructuring||Retained Earnings||Safe Harbor|
|Securities and Exchange Commission (SEC)||Spinoff||Start-up costs||Stock Options|
|Tax Lien||Tax Shelter||Vesting||Withholding|
The following lesson plans teach how a student how express themselves when opening an account and to ask follow-up question to clarify the details or get additional information. The type of accounts are related to banking such as a savings account, trading account, or open a CD account.
Please provide any feedback you may have. Thank you very much!